BroadVision Technology to Power Shop At Home Network's collectibles.com Website.NASHVILLE, Tenn.--(BUSINESS WIRE)--Aug. 4, 1999-- Shop At Home, Inc. (Nasdaq:SATH SATH Society for Accessible Travel & Hospitality SATH Shop At Home (stock symbol) SATH Sage Thrasher (bird species Oreoscoptes montanus) SATH Society for the Advancement of Travel for the Handicapped ), which sells specialty consumer and collectible products through interactive electronic media, and BroadVision, Inc. (Nasdaq:BVSN BVSN Broadvision, Inc. (stock abbreviation, AMEX) ) the leading supplier of one-to-one e-business applications for relationship management across the extended enterprise, today announced that BroadVision's technology will power Shop At Home's new website collectibles.com, which is scheduled to launch this fall. Collectibles.com will leverage BroadVision One-To-One(TM) Retail Commerce software to provide customers a robust, highly personalized shopping experience. BroadVision will enable collectibles.com to handle a high volume of personalized transactions and will provide a flexible relationship management system with scalable performance, a profiling database and a matching engine for instant personalization of content. BroadVision technology powers web applications for more than 350 companies including American Airlines American Airlines Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the , Circuit City, Cyberian Outpost Cyberian Outpost was an online vendor of discount computer hardware and software, and was one of the first successful online retailers. CybOut was founded in 1994 by Darryl Peck and announced its IPO in 1998 (NASDAQ: COOL). , Fingerhut, Hewlett-Packard, The Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box , Nortel Networks (Nortel Networks Limited, Brampton, Ontario, www.nortelnetworks.com) A world leader in telecommunications products, which includes switching, wireless and broadband systems for service providers and carriers, telephones and systems for residential and business users, computer telephony , and Xerox. "We are positioning collectibles.com as the leading destination for all collectibles. BroadVision provides us the platform to meet that objective by giving the site the power to tailor every visit to each collector's special interests," said Tim Engle, President of collectibles.com. "Additionally, BroadVision gives us the opportunity to take advantage of the emerging interactive television market much more so than any other technology we've considered." "We are very pleased to be the cornerstone technology for the implementation of Shop At Home's online venture, collectibles.com," said Dr. Pehong Chen, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of BroadVision, Inc. "We look forward to helping the collectibles.com site become as mainstream as the company's broadcast, cable and satellite television offerings." Shop At Home is working with Oracle Corp. (Nasdaq:ORC) and iXL Enterprises (Nasdaq:IIXL) to design and implement collectibles.com and has entered into a marketing agreement with Yahoo! (Nasdaq:YHOO YHOO Yahoo! Inc. (NASDAQ symbol) ) to promote the new site. The Company has also entered into a relationship with Infoseek Corporation (Nasdaq:SEEK) for collectibles.com to be a preferred merchant on Go Network(TM). About BroadVision BroadVision, Inc. (Nasdaq:BVSN) is the leading worldwide supplier of e-business applications for relationship management across the extended enterprise. BroadVision's end-to-end solutions enable companies to rapidly deploy and cost-effectively operate secure, scalable, intelligent, and flexible e-business applications for e-commerce, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and knowledge management. The company's entire product line has experienced exceptional growth and increasing acceptance by Global 2000 businesses as well as pure-play e-startups. BroadVision has more than 300 customers in the financial services, retail, distribution, high technology, telecommunications, and travel industries including American Airlines, Credit Suisse The Credit Suisse Group (SWX:CSGN, NYSE: CS) is a financial services company, headquartered in Zürich, Switzerland. It is the second-largest Swiss bank, behind UBS AG. , Development Bank of Singapore, Ernest & Young, Fingerhut, Home Depot, Hewlett-Packard, Intuit, Liberty Financial, META Group, Motorola, Nortel Networks, Outpost.com, RS Components, Telus, Visa USA, Vodafone, and Xerox. BroadVision is headquartered in Redwood City Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif. and maintains an extensive network of subsidiaries and licensed resellers in North and South America, Europe, and Asia. The company can be reached at 650/261-5100 or at http://www.broadvision.com. About Shop At Home Shop At Home Network sells specialty consumer products, primarily collectibles, through interactive electronic media including broadcast, cable and satellite television and, increasingly, over the Internet. The Network reaches over 54 million unique cable households. Shop At Home owns six television stations in Boston, Bridgeport, Cleveland, Houston, Raleigh Durham and San Francisco and is the Nation's 15th largest broadcaster. The Company currently provides online shopping at http://ww.shopathomeonline.com and later this year plans to launch http://ww.collectibles.com, which the Company intends to be the premier website for the sale of collectible products. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement Under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 - This release contains forward-looking statements within the meaning of Section 27A of Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including the statement regarding the launch of collectibles.com. Actual results may differ materially from those identified for a number of reasons as are discussed from time to time in Shop At Home's SEC reports, including but not limited to the registration statement on Form S-3 as amended on July 1, 1999. BroadVision is a registered trademark and BroadVision One-To-One is a trademark of BroadVision, Inc. in the United States and other countries. |
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